Libyan oil optimism waning

ABU DHABI, United Arab Emirates, April 4 (UPI) -- Libya is struggling to maintain its post-war pace of oil production in large part because of funding constraints, an oil executive said.

Most of Libya's oil production was shuttered by civil war and a NATO-led military intervention last year. Oil production rebounded from 782,000 barrels per day in December to 1.18 million bpd by February, the Organization of Petroleum Exporting Countries reported last month.

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